![]() Shipping companies benefited from record transport rates during the pandemic, sending billions of dollars in dividends to their owners. The Saades’ empire has undergone a transformation following a period of unprecedented gains at closely held CMA CGM, where Rodolphe Saade is chief executive officer. ![]() He’s expected to remain with the transport company heading a regional office out of Lebanon, according to a person with knowledge of the matter, who asked not to be identified discussing personnel issues.Ī CMA CGM spokesperson declined to comment beyond a statement in December about Sirat relinquishing his role as CFO. Joseph Dakkak, who previously helped run the family office, has resigned, according to a filing this week. Michel Sirat, 62, formerly chief financial officer at CMA CGM, the container-ship line controlled by the Saades, recently took over as head of Merit France, the firm that oversees the family’s fortune. ![]() ![]() (Bloomberg) –The family office of the billionaire Saade shipping clan is rearranging top management as it deals with a pandemic windfall. ![]()
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